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Money mass in Azerbaijan grow by 2.6%

Business Materials 27 October 2005 16:37 (UTC +04:00)

In October 2005 the money mass in Azerbaijan grew by 1.3%n. In 2005 the growth comprised 22.695%, the National Bank of Azerbaijan (NBA) told Trend.

As 1 October 2005 the amount of money mass (M2) comprised 4193.7bn manats against 4139.8bn manats as of 1 September and 3418bn manats as of 1 January 2005.

In September the amount of cash money grew by 5.34% and comprised 26.31% over 2005. As of 1 October the amount cash money comprised 3016.4bn manats against 2863.6bn manats as of 1 September and 2389bn manats as of 1 January 2005.

In September the amount of non-cash money dropped by 7.75% and comprised 14.4% over 2005. As of 1 October the amount non-cash money comprised 1177.3bn manats against 1276.2bn manats as of 1 September and 1029bn manats as of 1 January 2005.

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